38 Nemasket Rd Falmouth — Photo 1 of 42
Recent Drop: $245,000
$2,750,000
Investment Analysis — 38 Nemasket Rd
Falmouth, MA 02540 — West Falmouth
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 4-bedroom in 02540 carries an estimated $2,980/mo in gross rent — about a 0.55% cap rate and $15,255/yr in estimated NOI at the $2,750,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4.5
SqFt
3,804
Style
Single Family
Built
1962
A rare offering on a storied West Falmouth lane, where classic Cape Cod homes meet the beauty of Buzzards Bay. Enjoy access to a private association beach just two houses away, where coastal scenery and waterfront living define the setting.This custom built residence offers more than 3,800 square feet of thoughtfully designed living space with sweeping water views and unforgettable sunsets. Expansive gathering spaces are oriented to embrace the ever changing seascape, creating an inviting atmosphere for entertaining or quiet retreat.The home features four generous bedrooms and four full baths, along with a spacious kitchen and dining area, sunroom, formal dining room, and living room positioned to maximize the scenic vistas. A walkout lower level and attached garage provide excellent storage, recreation space, and flexibility for beach gear, bicycles, and your golf beach cart. An exceptional opportunity in the coveted village of West Falmouth.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Trash Compactor • Refrigerator
Neighborhood
Shopping • Tennis Court(s) • Walk/Jog Trails • Bike Path • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Wall to Wall Carpet, Balcony / Deck, Deck - Exterior, Exterior Access, Slider
Dining Room
Lvl Main,FirstFlooring - Hardwood
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Country Kitchen, Exterior Access, Recessed Lighting
Family Room
Lvl BasementBathroom - Full, Flooring - Wall to Wall Carpet, Wet Bar, Exterior Access
Master Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Balcony / Deck, Deck - Exterior, Exterior Access
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl SecondBathroom - Half
Bathroom 3
Lvl SecondBathroom - Full
Property History
$2,750,000
Was $2,995,000
Jul 29, 2026
MLS® 73517498
$2,995,000
May 13, 2026
MLS® 73517498
$3,125,000
Apr 30, 2026
MLS® 73453130
$3,125,000
Nov 12, 2025
MLS® 73453130
Listing Agent: Danielle Rokosz
Listing Office: Sotheby's International Realty
MLS® Number: 73517498
